note payable (Meaning)
Wordnet
note payable (n)
a note promising to pay a certain amount of money at a certain time
Synonyms & Antonyms of note payable
No Synonyms and anytonyms found
note payable Sentence Examples
- The company issued a note payable to its bank to secure a loan.
- The note payable is due in 90 days and bears an interest rate of 6%.
- The company's financial statements disclose a significant amount of notes payable.
- The note payable is a liability that must be repaid within a specified period.
- The company's note payable balance has increased steadily over the past few years.
- The accounting department incorrectly recorded the note payable as an equity account.
- The note payable is considered a current liability on the company's balance sheet.
- The company's bondholders are concerned about the large amount of notes payable.
- The note payable is secured by a lien on the company's property.
- The company negotiated a favorable interest rate on its note payable.
FAQs About the word note payable
a note promising to pay a certain amount of money at a certain time
No synonyms found.
No antonyms found.
The company issued a note payable to its bank to secure a loan.
The note payable is due in 90 days and bears an interest rate of 6%.
The company's financial statements disclose a significant amount of notes payable.
The note payable is a liability that must be repaid within a specified period.
